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Bangladesh apparel exports jump 11.49% in fiscal 2018-19

10
Jul '19
Readymade garment exports from Bangladesh increased by 11.49 per cent in fiscal 2018-19 ending June 30, to $34.133 billion compared to exports of $30.614 billion in the previous fiscal, according to data from the Export Promotion Bureau. During the fiscal, garment exports from Bangladesh crossed the $32.689-billion target by 4.42 per cent.

The percentage increase in garment exports during July-June 2018-19 was slightly greater than 10.55 per cent growth in overall exports from Bangladesh during the same period.

Category-wise, knitwear exports rose 11.19 per cent to $16.888 billion during the year, as against exports of $15.188 billion made in fiscal 2017-18, as per the data.

Likewise, exports of woven apparel increased 11.79 per cent to $17.244 billion during the period under review, compared to exports of $15.426 billion during July-June 2017-18.

Woven and knitted apparel and clothing accessories’ exports together accounted for 84 per cent of $40.535 billion worth of total exports made by Bangladesh during the year. (PC)

Fibre2Fashion News Desk – India


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